Tag Archives: Overpricing

Stock Markets Are Overpricing Recession Risk, JPMorgan Strategist Says

Stock Markets Are Overpricing Recession Risk, JPMorgan Strategist Says

(Bloomberg) — Equity investors’ anxiety about a potential recession isn’t showing up in other parts of the market, which is giving JPMorgan Chase & Co. strategist Marko Kolanovic confidence in his pro-risk stance. Most Read from Bloomberg US and European stock markets are pricing in a 70% chance that the economy will slide into recession in the near-term, according to estimates by JPMorgan’s top-ranked strategist. That compares with a 50% chance priced into the investment-grade debt… Source link

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